Hughes Foundation Inc
To fund orphanages and provide support to children in need.
Key facts about Hughes Foundation Inc
In short: Hughes Foundation Inc reported $29K in grants paid in 2024 (a total; its filing lists no individual grants). Source: 2024 IRS Form 990.
- EIN
- 35-2308467
- Latest 990 filing
- Form 990, 2024
- Grants paid (2024)
- $29,000 — reported as a total on the IRS filing, without an itemized list
- Total assets
- $3,559,773
Data from IRS Form 990, 2024; updated October 2026.
Financial Overview
From 2024 IRS Form 990 · View filing
Total Assets
$3.6M
+16.0% YoY
Grants Paid (reported total)
$29K
+43.9% YoY
Revenue
$469K
+39.4% YoY
Net Investment Income
$169K
+364.0% YoY
About Hughes Foundation Inc
Based on IRS filings
Hughes Foundation Inc is a public charity, based in Sherman, TX. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $3.6M in total assets. In 2024, it reported $29K in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $169K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $10K (2019) to $121K (2022). In 2024 it reported $29K in grants paid, as a total without an itemized list.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 2 grants of 2 (100%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,559,773 | $3,069,400 | $2,614,207 |
| Revenue | $468,808 | $336,384 | $477,066 |
| Expenses | $42,500 | $20,361 | $125,250 |
| Net Investment Income | $168,808 | $36,384 | $27,066 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2019 (received by the IRS September 9, 2020)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 9, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 6, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 13, 2025)
- IRS filings on file for fiscal years 2019–2024
Leadership & Key People
Officers and directors from IRS filings
Hughes Foundation Inc is led by Andrew M. Hughes Jr., President on every filing since 2019; none of the 6 officers listed in 2024 report compensation.
Officers on the 2024 filing
Andrew M. Hughes Jr.
President
On filings since 2019
18 hrs/week
No compensation reported
Billie Howsman
Board Member
On filings since 2019
10 hrs/week
No compensation reported
Jim Cabe
Board Member
On filings since 2019
No compensation reported
Kay F. Hughes
Vice President
On filings since 2019
5 hrs/week
No compensation reported
Kristian Hughes
Secretary & Treasurer
On filings since 2019
28 hrs/week
No compensation reported
Lynn Cabe
Board Member
On filings since 2019
No compensation reported
Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Hughes Foundation Inc
How much does Hughes Foundation Inc give each year?
Hughes Foundation Inc reported $29K in grants paid in 2024 on its 2024 IRS Form 990, as a total without an itemized list of grants. In 2023 it reported $20K in grants paid.
How large is Hughes Foundation Inc?
Hughes Foundation Inc reported $3.6M in total assets on its 2024 IRS Form 990. Its revenue that year was $469K.
Where does Hughes Foundation Inc operate?
Hughes Foundation Inc has awarded grants in Texas.
What is Hughes Foundation Inc's EIN?
Hughes Foundation Inc's EIN (Employer Identification Number) is 35-2308467. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated October 2026. Sourced from IRS Form 990 filings.
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